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1 bedroom apartment for sale

Under Offer

***UNDER OFFER*** 84 Maritime House, Ocean Drive, ME7 1GT

£46,500 · Shared Ownership Resale

Share percentage 30%, full price £155,000, £2,325 Min Deposit.

Under Offer
1 bedroom
1 Bathroom
Communal Terrace
Parking
£46,500 Shared Ownership Resale

Share percentage 30%, full price £155,000, £2,325 Min Deposit.

Monthly Cost: £755
Rent £337, Service charge £159, Mortgage £259*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Summary

The apartment is located on the fifth floor of a sixth storey block of apartments.

Description

Accommodation

Communal Area: Entrance Hall/Stairs, lift and landings, roof terrace on site gym, communal grounds, and zonal parking.

Fifth Floor: Open plan Kitchen/Living Room, bedroom area separated by sliding doors and a Bathroom/WC.

External: Balcony access from the living room, parking spaces and lawned gardens.

Location

This property is positioned in a residential area and is within walking distance of Medway town centre.

Key Features

Purchase Information

For Sale is a 30% share of the property for £46,500.00 with an additional monthly charge of £495.70 which includes Rent, Ground Rent & Service Charge.

Additional Information

If you require any further information or wish to arrange a viewing, please contact Orbit Home Ownership Services using the details provided.

Particulars

Tenure: Not specified
Council Tax Band: C

Map
Gillingham (Kent) (0.73 miles) Chatham (1.84 miles) Rochester (2.08 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: n/a - Communal Terrace

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£46,500
Shared Ownership Resale
Estimated Monthly Cost:£755
Rent £337
Service Charge £159
Mortgage £259

Share percentage 30%, full price £155,000, £2,325 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.